EMini Volume Profile Daytrading

Just another WordPress.com weblog

Sep 9 09, 2 Videos: Breakout And Top Reversal Setups

Posted by Editor on September 26, 2009

The following 2 videos track  a deeper investigation into the mechanics of specific trade execution of two very common trade setups. These examples serve to illustrate  the application and effectiveness of our usage of value derived levels and the response of buyers and sellers to price discovery at these levels. The first video portrays the opportunity on a higher open finding support at our identified target at significant support at the value area high and point of control from the prior day’s trading. Observation of volume and delta on our three time frames confirms the setup for a buy close to the low of the first 10 – 15 minutes of trading. Following the initial upthrust, delta and volume on the 4 minute time frame identified a clear setup for the obvious profit take, and a low risk entry for a 2 point or more trade off the high. This pullback was shown to be the beginning of a lengthy intraday sideways consolidation during the “dead zone” period before the East Coast lunch hour. But our confidence in volume and delta indications was borne out by an accurate identification of the absence of sellers during this pause, setting up for a further upward extension to higher levels in later trading. Video 2 elaborates on the application of our tools to play the termination of the pausing consolidation, for a low risk entry to participate, and get in early for the next breakout higher. Following this second probe to higher levels, the volume and delta clearly identified, well in advance, the exhaustion and failure on the 15 minute time frame. We shall see how the obvious rejection of this attempt at extending the range upward provided an excellent opportunity to sell very close to the high, for very low risk entry. The 2 videos provide excellent examples of the power of this approach, to reveal opportunities for setups and clear signals at the high and low of any given trading day. The entries are often available for risk of a few ticks, and potential for profits in excess of 4 or 5 times the risk, or as in the case of this day, much greater. Even better, if you have grasped the variables of our conditions for these entries as elaborated on earlier videos, and developed in sequential studies through all the videos in this course of instruction, you should have little doubt that the winning percentage is also extremely high on these setups.


Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.


2 Responses to “Sep 9 09, 2 Videos: Breakout And Top Reversal Setups”

  1. Rob said

    Thank you so much for such a comprehensive educational package.
    I really appreciate you sharing your knowledge.
    Its reassuring to know there are still some good guys out there involved in trading.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: